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$359,000

1632 Timber Glen Drive, Bedford, TX, 76022

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths1,786 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.37 / sqft
Year BuiltBuilt in 2003

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range
FlooringCarpet

Exterior

Exterior FeaturesOther
Lot Size4,787 sqft

Building Information

Year Built2003
Stories2
Garage Spaces2

Land Information

APN44721B-D-9
Lot Number9
SubdivisionVillas Of Forest Ridge
Land UseResidential
Legal DescriptionVILLAS OF FOREST RIDGE BLOCK D LOT 9
Census Tract113618
Assessed Land Value$70,000
Assessed Improvement Value$265,347
Assessment Year2025

About this property

Hurry to lease this well-maintained home with downstairs split master and two upstairs bedrooms. Very functional island kitchen with some newer appliances. NO PETS AND NO SMOKING! Highly sought area in HEB School District with Bell Manor Elementary within walking distance along with Central Park and city pool. Commuters will love the easy access to 820, 183, & 121. Shopping, restaurants, and hospital are all nearby! Everyone over 18 must apply. Minimum requirements for at least main applicant: 640 credit score, 3.5X the rent in gross HOUSEHOLD income, good previous rental history (if applicable), and no criminal history. Seller to do a brief refresh prior to new tenant move-in.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$761/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,337
$335,347
2025
$70,000
$265,347
$335,347
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,337
$335,347

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amp Lending
Conventional
$273,750
No
First
Nov 21, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$256,001
$102,999
28%
71%
$1,642/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$1,642/mo
+$358/mo
6.7%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Bedford

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1632 Timber Glen Drive | Property Details | No Agent List